Housing

The French nobility, observed Tocqueville in The Ancien Regime and The Revolution, supported many of the writers whose essays and observations ended up threatening “their own rights and even their existence.” Today we see much the same farce repeated, as the world’s richest people line up behind causes that, in the end, could relieve them of their fortunes, if not their heads.  read more »

Thanks to an urban-growth boundary, Denver has a housing affordability problem. Apartment rents have increased by 65 percent in the last decade, while the nationwide cost of living in that time rose by just 18 percent and rents nationwide increased by an average of 28 percent.  read more »

This year’s basketball season, with the collapse of the Lakers and the surprising rise of the Clippers, poses a metaphor for the region. On the one hand, there’s the Laker obsession with the “star system” and impressing outsiders, notably on the East Coast. The Clipper model, reflecting a culture of hard work and teamwork, relies not only on celebrity but the raising of often obscure people into prominence.  read more »

Since the end of the Second World War, middle- and working-class people across the Western world have sought out—and, more often than not, achieved—their aspirations. These usually included a stable income, a home, a family, and the prospect of a comfortable retirement.  read more »

The current frenzy of new IPOs — Uber, Lyft, Slack, Postmates, Pinterest and Airbnb — seems destined to reinforce progressive notions that California represents the future not just for the state, but the nation. It will certainly reinforce California’s fiscal dependency on tech-dominated elites — half of the state’s income taxes come from people making over $500,000 a year — and provide a huge potential multi-billion dollar windfall for the state treasury.  read more »

Californians need to give up on their dream of a “ranch-house lifestyle” and an “ample backyard” and the state should become “more like New York City,” writes LA Times columnist George Skelton (reprinted in the Mercury-News and East Bay Times in case you run into the LA Times paywall). After reading his article, the Antiplanner has just one question: Why?  read more »

The problem with the California economy is not greenness. It’s homelessness. Get these people off our streets first. Make living like a human being affordable again. If there is no incentive to work, why work.

Every year there are over 2,500+ new bills expected to fill the annual calendar of the 80 Assemblymen and 40 Senators of the California State legislature. Fortunately, most never make it to the Governor for signature.  read more »

This report takes a close look at the impact of California’s very high residential prices on the ability of construction workers — the very people who build our homes — to afford to live within the markets where they are work.

It does so by reviewing the number of workers and pay scales in 50 different construction occupations. It distinguishes between pay levels for all construction workers and those who are in unions. The research separately studies Southern California and the San Francisco (SF) Bay Area since real estate markets are subject to very different forces depending upon their geographic location.  read more »

We like to think of "place" as something positive, something that sets our patterns of living in a good way, but sometimes those patterns and forms become a strait jacket that keep our communities from evolving and growing. Sometimes you have to throw off that strait jacket, and Seattle, where 150,000 people have moved in the last 20 years, seems to be doing just that.  read more »

While the North Texas economy is booming, the core city of Dallas faces challenges bedeviling other cities: a dwindling middle class, bifurcation into neighborhoods of haves and have-nots, and an emerging home affordability problem.  read more »